RURAL BUSINESS MANAGEMENT

AGR1RBM

2018

Credit points: 15

Subject outline

This subject develops student knowledge of the Australian agricultural business environment focusing on principles of development, planning, operation and performance analysis as applied to rural business enterprises in local and global settings. Students will examine a variety of agricultural business types through a variety of experiential tasks and develop skills in the use of structured planning methods to identify business and marketing opportunities as well as skills in business plan development. The subject also requires students to recognise and consider workplace safety issues, human resource requirements and relevant social, ethical and environmental issues.

SchoolSchool of Life Sciences

Credit points15

Subject Co-ordinatorPenelope Smith

Available to Study Abroad StudentsNo

Subject year levelYear Level 1 - UG

Exchange StudentsNo

Subject particulars

Subject rules

Prerequisites Admission into SBATE

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsFinancial management for agribusinessPrescribedObst, W, Graham, R & Christie, G 2007CSIRO, COLLINGWOOD.
ReadingsA guide to business lawRecommendedDowler, W & Miles, C 2008LAWBOOK CO, PYRMONT.
ReadingsAccountingRecommendedHorngren, C 20098TH EDN, PEARSON EDUCATION LTD, UK.
ReadingsMarketing: core concepts and applicationsRecommendedPride, W 2007WILEY, AUSTRALIA.
ReadingsThe successful business plan: Secrets and strategiesRecommendedAbrams, R & Burrows, P 2008CAPSTONE PUBLISHING, MINNESOTA
ReadingsWriting your plan for small business successRecommendedBirt, I 2003PEARSON EDUCATION, AUSTRALIA.

Graduate capabilities & intended learning outcomes

01. Describe relevant characteristics of the Australian business environment

Activities:
Lectures and tutorials introduce students to the Australian business environment and business structures. Tutorials will use a variety of media to identify characteristics of rural businesses and farms.
Related graduate capabilities and elements:
Creative Problem-solving
Ethical Awareness

02. Describe different types of agricultural related businesses and identify key aspects of financial statements

Activities:
Lectures and tutorial activities explore financial statements and business processes. Case studies will be used in the construction and analysis of business statements such as profit and loss, balance sheets and transactions. Students use agricultural accounting programs.
Related graduate capabilities and elements:
Ethical Awareness
Creative Problem-solving

03. Identify the key components for business development, planning, operation and performance analysis and outline a business plan for a rural business

Activities:
Lectures and tutorials include principles of business planning and development including various types of budgets. Business plan development in both the short and long term will be covered.
Related graduate capabilities and elements:
Creative Problem-solving
Ethical Awareness

04. Recognise and reflect on relevant OH&S, HR requirements, social, ethical and environmental issues

Activities:
Lectures and tutorial activities will include human resource practices, business ethics and OH&S as they apply to businesses and business planning.
Related graduate capabilities and elements:
Discipline-specific GCs
Creative Problem-solving
Ethical Awareness

Subject options

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Start date between: and    Key dates

Epping, 2018, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorPenelope Smith

Class requirements

WorkShop Week: 31 - 43
One 2.0 hours workshop per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 31 - 43
One 2.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
Business and strategic plan (2000 words)40 01, 02, 03, 04
Case study (1500 words)35 01, 02, 03, 04
On-line quizzes (6 during semester)25 01, 02, 03, 04